# PPP loan: KTS KITCHENS INC
> **$1.23M** approved 01/31/2021 · Paid in Full · Loan `9855048303`
## Borrower
- **Name:** KTS KITCHENS INC
- **Address:** 1065 E Walnut St, Carson, CA, 90746-1346
- **NAICS:** 311412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.23M
- **Utilities:** $1
- **Jobs reported:** 160
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*